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Sinochem: Continue to make efforts to "stabilize foreign trade"
2023/5/15
Foreign trade plays an important supporting role in the development of the national economy, and "stabilizing foreign trade" is the key to the country's expansion of high-level opening up. Since the beginning of this year, the subsidiaries of Sinochem have stepped up their efforts to develop overseas markets, strengthened foreign exchanges, undertaken or participated in overseas projects, actively expanded the markets of developing countries and ASEAN and other regional markets, and continuously harvested export orders. "Continue to exert force.
Taking advantage of RCEP opportunities to increase exports
Taking advantage of the opportunity of the "Regional Comprehensive Economic Partnership Agreement" (RCEP), Sinochem International's Industrial Resources Division has achieved a breakthrough in the growth of orders for solar cell raw material electronic grade phosphorus oxychloride exported to the 4 ASEAN countries, and the export volume has continued to hit new highs.
Sinochem Marketing made full use of the RCEP policy and exported nearly 11,000 tons of toluene to the ASEAN regional market in the first quarter, which not only met the demand for raw materials in overseas markets, but also contributed to the complementary advantages and deep integration of regional industrial chains and supply chains.
Cangzhou Dahua took advantage of RCEP tariff concessions and rules of origin to actively develop markets along the RCEP route and greatly increase the export of toluene diisocyanate (TDI) products in Southeast Asia. The company received 15,600 tons of orders in the first quarter, an increase of about 13% year-on-year.
Increase overseas market development efforts
As one of the first batch of China's top 100 agricultural foreign cooperation enterprises, Quanyin Hi-Tech has exported seeds to more than 20 countries and regions around the world. Since the beginning of this year, the company has actively explored emerging markets such as Central Asia on the basis of stabilizing the existing overseas markets. At present, Quanyin Hi-Tech's high-quality rice and corn seeds are mainly exported to Asian countries and regions such as Pakistan, the Philippines, and Bangladesh, as well as African countries and regions such as Sierra Leone, Togo, and Mali.
Sinochem Petroleum continues to optimize its business strategy. In addition to maintaining business cooperation with countries and regions along the “Belt and Road” such as Indonesia, Malaysia, and Vietnam, it also continues to promote the development of regional customers in Europe and the United States. In the first quarter, the products have been exported to Europe, Australia, Southeast Asia and other countries and regions, and the proportion of direct sales to overseas terminals continues to increase.
Shenyang Chemical further expands the overseas paste resin market, plans the layout in advance, takes the market and customers with stable demand as the development target, and continues to track the order demand and market information. From January to March, the cumulative export sales of Shenyang Chemical Paste Resin have completed 148% of the schedule, a year-on-year increase of 34%.
Bluestar Elkem Silicones China Region has further deployed overseas marketing outlets and distribution channels, shortened the trade chain, anchored in the development of high value-added products and high potential markets, and focused on sales opportunities in market segments. The company's exports remained stable in the first quarter, showing a continuous upward trend.
The Bluestar Beihua Machinery team actively explored the overseas chlor-alkali market, conducted market visits to customers in Europe and Southeast Asia, and reached a total of 6 intentional orders, 2 of which have been officially signed. In the first quarter, the total amount of contracts signed by Bluestar Beihua Machinery exceeded 800 million yuan, completing 53% of the annual contract budget.
Taking multiple measures to tap export growth points
Guilin Rubber Machinery's foreign trade exports in the first quarter showed strong resilience, and foreign exchange earnings from exports increased by 130% year-on-year. The company has accelerated the production and shipment of export products, and it is expected that several batches of products will be sent to Brazil, Vietnam, India and other countries from April to May. At the same time, Guilin Rubber Machinery actively promotes the innovation of tire manufacturing products in terms of green environmental protection, and has achieved multiple optimizations and upgrades in terms of low energy consumption and high automation rate, becoming a new export growth point.
Jinan Yuxing made full use of its sales network advantages in Turkey, tapped the growth potential of the local market, and strived to increase the sales volume of titanium dioxide. From January to April, Jinan Yuxing is expected to achieve 3,240 tons of titanium dioxide sales in Turkey, a year-on-year increase of 150%.
Yiyang Rubber Machinery achieved an export sales revenue of 39.05 million yuan in the first quarter, and several GE580/GE1000T super-large series internal mixers, 416 twin-screw extruders, and 51-inch frame-type and balance-type vulcanizers successfully passed the online test acceptance of foreign customers , and packed for shipment.
Sinochem Insurance Brokers actively contacts domestic and foreign insurance companies, P&I clubs, etc. to provide Sinochem Petroleum with insurance protection such as cargo transportation insurance, storage property insurance, charterer's liability insurance, and P&I insurance. At the same time, the company also provides risk investigation, real-time risk warning and other services for brother companies to escort import and export trade.
JIN DUN CHEMICAL has built a special (meth) acrylic monomer manufacturing base in ZHEJIANG province. This makes sure the stable supply of HEMA, HPMA, HEA, HPA, GMA with high level quality. Our special acrylate monomers are widely used for thermosetting acrylic resins, crosslinkable emulsion polymers, acrylate anaerobic adhesive, two-component acrylate adhesive, solvent acrylate adhesive, emulsion acrylate adhesive, paper finishing agent and painting acrylic resins in adhesive.We have also developed the new and special (meth) acrylic monomers and derivatives. Such as the fluorinated acrylate monomers, It can be widely used in coating leveling agent, paints, inks, photosensitive resins, optical materials, fiber treatment, modifier for plastic or rubber field. We are aiming to be the top supplier in the field of special acrylate monomers, to share our rich experience with better quality products and professional service.